Agnikul Cosmos Secures ₹200 Crore Government Support For Reusable Rocket Technology

Chennai-based spacetech startup Agnikul Cosmos has secured ₹200 crore in financial support from the Technology Development Board (TDB), under the Department of Science and Technology, to advance its reusable launch vehicle programme.

The funding will support the development of Agnibaan RLV, a proposed reusable rocket architecture designed to enable repeatable launches while reducing launch and manufacturing costs. The programme will focus on developing critical technologies across propulsion, orbital insertion, controlled descent and recovery.

The financial support will be provided through optionally convertible debentures under the government’s Research Development and Innovation Fund. The project aims to advance the technology from Technology Readiness Level 4 and above towards Level 8, marking an important step in India’s efforts to develop indigenous reusable space transportation systems.

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